Bank PO Questions

The temperature at which water boils depends mainly on air pressure.

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.

Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

A data series which is represented in rows or columns or both in a excel work sheet is a collection of the related data.

tRNA abbreviated as A transfer RNA is an adaptor molecule composed of RNA, typically 76 to 90 nucleotides in length, that serves as the physical link between the mRNA and the amino acid sequence of proteins.

A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer.

This process is known as Intercompany Settlement.